© Reuters. FILE PHOTO: A man is reflected in an electronic board that shows the graph of the recent fluctuations of the TOPIX in front of a broker in Tokyo.
By Tomo Uetake and Noah Sin
TOKYO / HONG KONG (Reuters) – Asian Stock Markets On Friday, sentiment was mixed and investors feared that the US-China trade war would take longer and others hoped that the two largest economies in the world would soon reach an agreement.
European stock markets were more optimistic. At the beginning of trading, futures increased by 0.4% for the entire region and for Germany and by 0.3% for London.
In Asia, MSCI's broadest index of Asian Pacific equities outside Japan rebounded after reaching a four-month low previously. The index is still on track for a third consecutive loss per week, down 0.8% on a weekly basis.
Chinese stocks gained ground as some investors took advantage of cheap stock prices. The 0.1
Japan's average was 0.3% lower.
Wall Street fell 1.1%, down 1.2% and 1.6% as traders cycled on fears that the US could escalate – China's trade war would become global Slow down economic growth.
US President Donald Trump said Thursday that Washington's complaints against Huawei Technologies could be resolved in a US-China trade agreement, while calling the Chinese telecoms giant "very dangerous".
Jasper Lawler, Head of Research at the London Capital Group "The fact that Trump is still talking about a trade deal gives the markets optimism."
"Dealers have focused on the damage a longer trade war could bring to the global economy The bad news cautiously lifts the mood," he wrote Friday in a note expecting the higher European Open commented.
Washington effectively banned US companies last week to deal with security concerns with Huawei, the world's largest network equipment supplier.
The US Department of Commerce announced Thursday that it is proposing a new ruling to levy anti-subsidy duties on products from countries that undervalue their currencies. Another step that could penalize Chinese products.
China's Commerce Ministry struck back Thursday, saying, "If the United States wants to continue its trade talks, they should be sincere and correct their wrongdoing."
Masanari Takada, cross-asset strategist at Nomura Securities in Tokyo, said the trade conflict between the US and China has not yet completely dampened the mood of global investors is likely to remain weak. "
With the flight to safety dominating global markets, the benchmark hit 2.292%, its lowest level since mid-October 2017, with the major parts of the yield curve being reversed, with a return of 2.3237%.  Chotaro Morita, chief fixed income securities strategist for SMBC Nikko Securities, said major declines in a new US manufacturing survey appear to reflect expectations of a collapse in trade talks between the US and China.
] In recent years, the PMI has had a very small gap with hard data such as industrial production. If true this time, factory production could fall to a negative level (compared to a year ago). , "
" Since the global financial crisis, US production has fallen only once: from 2015 to early 2016, when the slate industry was hit hard. Markets may be annoyed by a global slowdown, as they did at the end of last year. "
The one who measures it against six major currencies reached a high of 98,371 on Thursday US time and was last quoted at 97.847, which has barely changed that day.
The euro fell on Thursday May 2017 level as activity in the Eurozone recovered more slowly than expected, with the currency standing at $ 1.1181 early Friday
Sterling weakening further on Thursday as pressure on British Prime Minister Theresa May rose Having designated a date for her withdrawal after she had thought about her recent plans for the UK's exit, the European Union.
The pound was last traded at $ 1.2663, little changed on that day This was the 14th consecutive consecutive month against the Euro, the longest losing series since its inception, at £ 0.8829 versus the Euro.
Other major currencies were relatively quiet quoted unchanged at 109.59 yen per day.
Commodity markets saw oil prices plummet on Thursday as trading tensions dampened demand prospects and crude oil benchmarks posted their biggest daily decline in six months.
Oil Prices stabilized on Friday due to supply shortages and tensions in OPEC in the Middle East.
was recently priced at $ 58.58 a barrel, an increase of 1.16%, following a 5.7% decline on Thursday, the lowest level in two months. Futures rebounded 1.18% to $ 68.56 a barrel, down 4.6% in the previous session.